Nolly Producer, Seun Egbegbe Fails Bail Terms

Over his inability to meet his N5million bail conditions, controversial Yoruba film marketer, Seun Egbegbe, is still being remanded at the Ikoyi prisons in Lagos for fraud.

Popular Yoruba movie producer and alleged phone thief, Seun Egbegbe, is still languishing at the Ikoyi prisons for swindling more than 30 Bureau De Change operators of various sums both in local and foreign currencies between 2015 and 2017 in Lagos.

According to a new report by Premium Times, the Ebony Films Productions boss, who was granted bail about a month ago alongside his accomplice, Oyekan Ayomide, is worried that the N5million bail, which he was granted since February 24, 2017, is too high to be met.

While speaking in response to an enquiry, a popular Yoruba actor who pleaded anonymity said; “His associates are worried that no one is willing to risk losing N2.5 million as surety for a case that has not even really started.”

Meanwhile, hopes of regaining his freedom was dashed on Thursday following the absence of the prosecuting counsel for the police, Innocent Anyigor. The latter has stalled the fraud trial of Ebony Productions’ CEO boss.

During the sitting at the Federal High Court in Lagos, Justice Oluremi Oguntoyinbo, the trial judge, told Egbegbe and his co-defendants that he received a letter written by the prosecutor stating he would be out of jurisdiction on an official duty.

The trial judge, Justice Oguntoyinbo consequently adjourned the Egbegbe case till October 3, 2017. He also ordered the defendants, who had yet to perfect their bail conditions, to return to the prison custody.

The police had alleged that on February 2, Seun Egbegbe had fraudulently obtained N2.5million and 3,000 pounds from one Isa Adamu in Lagos under the guise that they wanted to see the naira and buy the pounds.